$165,000
SOLD DEC 16, 2021

1506 Mars Ave Lakewood, OH 44107

3 Beds
1 Bath
1,430 Sq Ft
7,100 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

15% Below List Price

17 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Grant Elementary School Rated A
  • Porch

About This Home

As of March 2024

Grab your toolbox – prime location in central Lakewood just off Detroit Rd. near Lakewood library, restaurants and shops. Lots of potential to update this rare find with room to expand. 9 ft. first floor ceilings, expansion space on third floor could be 4th bedroom. Some original lead glass windows and natural woodwork. This home features large room sizes, large foyer entrance, bay windows and huge front porch. Deep back yard rare for Lakewood. Home needs updating and repairs but huge opportunity to increase value.

Last Agent to Sell the Property

John Lucien

Berkshire Hathaway HomeServices Lucien Realty License #700305510 Listed on: 11/12/2021

Berkshire Hathaway HomeServices Lucien Realty

Last Buyer's Agent

Judy Ellis

Howard Hanna License #2017005693

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1907

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,430 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Porch
  • 7,100 Sq Ft Lot

Community Details

  • Mars E Wagars Community

Listing and Financial Details

  • Assessor Parcel Number 314-02-097

Home Details

Home Type

Single Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 115.38
  • Estimated Price per Sq Ft: 115.38
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1430
  • Year Built: 1907
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1907

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1430.00
  • Sq Ft Approx Total Finished: 1430.00

Exterior Features

  • Exterior: Wood
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Mars E Wagars

Schools

  • School District: Lakewood CSD
  • School District: Lakewood CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1630
  • Parcel Number: 314-02-097

Tax Info

  • Tax: 4751

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 11, 2024
Sold by
Digiacomo Anthony M and Digiacomo Hannah
Bought by
Ogilby Christopher Robert and Ogilby Rachel Carter
Seller's Agent
Valarie Fendrick
Howard Hanna
Buyer's Agent
Troy Bratz
Keller Williams Elevate
List Price
$394,900
Sold Price
$398,000
Premium/Discount to List
$3,100
0.79%
Views
32
Current Estimated Value
$410,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,148
Avg. Annual Appreciation
0.71%
Original Mortgage
$318,400
Outstanding Balance
$313,772
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$88,236

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 25, 2023
Sold by
E Home Designs Llc
Bought by
Digiacomo Anthony M and Digiacomo Hannah
Seller's Agent
Rachele Glynias
Howard Hanna
Buyer's Agent
Valarie Fendrick
Howard Hanna
List Price
$385,000
Sold Price
$388,500
Premium/Discount to List
$3,500
0.91%
Views
145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$329,487
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 12, 2021
Closed on
Dec 15, 2021
Sold by
Sharon Goodman
Bought by
E Home Designs Llc
Seller's Agent
John Lucien
Berkshire Hathaway HomeServices Lucien Realty
Buyer's Agent
Judy Ellis
Howard Hanna
List Price
$194,500
Sold Price
$165,000
Premium/Discount to List
-$29,500
-15.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.49%
Original Mortgage
$185,147
Interest Rate
3.09%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 24, 1999
Sold by
Burns Charles M and Burns Genelia
Bought by
Burns Charles M and Burns Genelia

Purchase Details

Closed on
Jan 1, 1975
Bought by
Burns Charles M and Burns Genelia
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $398,000 Erie Title
Warranty Deed $388,500 Erie Title
Fiduciary Deed $165,000 Guardian Title
Interfamily Deed Transfer -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,400 New Conventional
Previous Owner $329,487 New Conventional
Previous Owner $185,147 Construction
Previous Owner $70,000 New Conventional
Previous Owner $75,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $398,000 +0.8% $149 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $394,900 +1.6% $148 / Sq Ft
08/30/2023 08/30/23 Sold $388,500 +0.9% $160 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $385,000 +133.3% $159 / Sq Ft
12/16/2021 12/16/21 Sold $165,000 -15.2% $115 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $194,500 -- $136 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,931 $135,975 $23,940 $112,035
2023 $5,498 $71,650 $18,270 $53,380
2022 $5,534 $71,650 $18,270 $53,380
2021 $4,703 $71,650 $18,270 $53,380
2020 $4,003 $55,550 $14,180 $41,370
2019 $3,923 $158,700 $40,500 $118,200
2018 $3,551 $55,550 $14,180 $41,370
2017 $3,206 $43,540 $10,920 $32,620
2016 $3,184 $43,540 $10,920 $32,620
2015 $3,153 $43,540 $10,920 $32,620
2014 $3,153 $41,860 $10,500 $31,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4332645

MLS Now

APN: 314-02-097